OCC Reports Mortgage Performance for First Quarter of 2026 — 2026-06-30

WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the first quarter of 2026. The OCC Mortgage Metrics Report, First Quarter 2026 showed that 97.7 percent of mortgages included in the report were current and performing at the end of the quarter, a slight increase from 97.6 percent in 2025. The percentage of seriously delinquent mortgages – mortgages that are 60 or more days past due and all mortgages held by bankrupt borrowers whose payments are 30 or more days past due – remained unchanged from the first quarter of 2025. Servicers initiated 7,818 new foreclosures in the first quarter of 2026 showing an increase from the previous quarter and a decrease from a year earlier. Servicers completed 6,308 modifications during the first quarter of 2026, a 7.1 percent increase from the previous quarter’s 5,888 modifications.